NOT LISTED FOR SALE

11505 W 133rd Ln Cedar Lake, IN 46303

West Creek Neighborhood

Estimated Value: $245,000 - $264,000

4 Beds
2 Baths
1,760 Sq Ft
$146/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $145,000 $82 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,768/month

185 Days on Market

About This Home

As of February 2017

Great Investment Property! Both sides of Ranch Style Duplex-Fully Rented $1700 p/month. East side is on month to month, West side lease til June 1, 2017. Each have 2 Bedrooms, 1 Bath with owner provided Stove and Refrigerator and Tenant provided Washer and Dryers. Rent includes water/sewer/garbage (One Meter)paid by Owner. TENANTs pay Gas and Electric (Separate Meters). Both Units have been Nicely Remodeled with Laminate flooring in Kitchen in East unit. Roof approx. 4 years old. Low Low Taxes! $1700 Monthly Rent. Seller will give buyer $2000 towards closing costs.

Last Agent to Sell the Property

Gina Musolino

Coldwell Banker Realty License #RB14022176 Listed on: 08/08/2016

Coldwell Banker Realty

Last Buyer's Agent

Jeanette Piazza

Northwest Indiana Real Estate License #RB15000268

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 100 x 182

Home Design

  • Brick Foundation

Interior Spaces

  • 1,760 Sq Ft Home
  • Elevator
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Total Actual Rent $20,400
  • Tenant pays for electricity, gas
  • The owner pays for sewer
  • Rent includes trash collection, water
  • Assessor Parcel Number 451529227021000014

Community Details

Overview

  • 2 Units
  • Cedar Ridge Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Insurance Expense $800
  • Trash Expense $700
  • New Taxes Expense $3,042
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Other
  • Co List Office Mls Id: NRA166
  • Subdivision Name: Cedar Ridge Estates
  • Reso Other Structures: Shed(s)
  • WaterExpense: 0.00
  • SewerExpense: 700.00
  • NumberOfStores: 0
  • AuctionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Crawl Space, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.4178
  • Construction Type: Brick, Cedar

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Fee Information

  • Trash Expense: 700

Schools

  • Junior High Dist: Hanover

Lot Info

  • Lot Dimensions: 100 x 182
  • Lot Size Sq Ft: 18200
  • Parcel #: 451529227021000014

Rental Info

  • Lease Term: Month To Month
  • Pets Allowed: Yes
  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Total Actual Rent: 20400

Tax Info

  • New Taxes Expense: 3042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Dec 20, 2016
Sold by
A Poor Dad Mission Llc
Bought by
Bubash Leonard M and Bubash Austin T
Seller's Agent
Gina Musolino
Coldwell Banker Realty
Buyer's Agent
Jeanette Piazza
Northwest Indiana Real Estate
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$256,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,524
Avg. Annual Appreciation
6.68%
Original Mortgage
$95,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
Feb 21, 2014
Sold by
Lenting Michael H and Lenting Tina L
Bought by
A Poor Dads Mission Llc
Seller's Agent
Denene Reppa
McColly Real Estate
Buyer's Agent
Nancy Davids
McColly Real Estate
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%
Original Mortgage
$102,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jan 28, 2014
Sold by
Tomas
Bought by
Michael Tina and Llenting Tina
Seller's Agent
Denene Reppa
McColly Real Estate
Buyer's Agent
Nancy Davids
McColly Real Estate
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bubash Leonard M -- Fidelity National Title Co
A Poor Dads Mission Llc -- None Available
Michael Tina $139,900 --
Lenting Michael H -- Northwest Indiana Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bubash Leonard M $95,000
Previous Owner Lenting Michael H $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2017 02/10/17 Sold $145,000 0.0% $82 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
08/08/2016 08/08/16 For Sale $145,000 +3.6% $82 / Sq Ft
01/28/2014 01/28/14 Sold $139,900 0.0% $78 / Sq Ft View Prior Sale
12/29/2013 12/29/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $139,900 -- $78 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,017 $214,500 $53,600 $160,900
2023 $3,990 $188,700 $28,900 $159,800
2022 $3,990 $167,600 $28,900 $138,700
2021 $3,433 $156,500 $28,900 $127,600
2020 $3,130 $136,100 $20,200 $115,900
2019 $3,032 $132,400 $20,200 $112,200
2018 $3,282 $133,700 $20,200 $113,500
2017 $3,427 $130,700 $20,200 $110,500
2016 $3,162 $117,500 $20,200 $97,300
2014 $2,636 $113,600 $20,200 $93,400
2013 $2,769 $112,800 $20,200 $92,600
Source: Public Records

Agents Affiliated with this Home

  • Gina Musolino

    Seller's Agent in 2017

    Gina Musolino

    Coldwell Banker Realty

    (219) 765-0000

    5 in this area

    299 Total Sales

    Gina Musolino
    Section Image

  • J

    Buyer's Agent in 2017

    Jeanette Piazza

    Northwest Indiana Real Estate

    Section Image

  • D

    Seller's Agent in 2014

    Denene Reppa

    McColly Real Estate

    (219) 765-6295

    7 Total Sales

    Denene Reppa
    Section Image
  • Nancy Davids

    Buyer's Agent in 2014

    Nancy Davids

    McColly Real Estate

    (219) 765-7663

    46 Total Sales

    Nancy Davids
    Section Image
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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 399209

Northwest Indiana Association of REALTORS®

APN: 45-15-29-227-021.000-014

Indiana Lake County Cedar Lake 46303 West Creek

11505 W 133rd Ln, Cedar Lake, IN

Not Listed for Sale

MultiFamily

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